RE: I backed a loser20 Aug 2021 09:33
Both are consumer companies but during the pandemic many of Diageo’s markets ie bars, nightclubs, restaurants etc were locked down. Ice cream sales for ULVr were also lower but generally speaking weathered the storm more easily so share price didn’t decline as dramatically. I don’t day trade or have short term holdings. I have ULVR as a core holding. It’s not going to power away but is solid and gives me a nice dividend every quarter. I don’t worry about day to day fluctuations.